Fort Worth daily gazette. (Fort Worth, Tex.) 1882-1891, 1887-04-21
ON CHANGE.
SPat Cotton Unchanged, Futures Gen.
orally One Point Higher-M0ney
Market Easy.
Wheat Opened Weak on Favorable Crop
Reports, Rallied and Closed Higher.
Live Stock Transactions Brisk.

VIEW.
OFFICE OF TIE GAZETTE,
FORT WORTH. TEX. April 20, 1887.
The trade Of Fort Worth was better to-
day than for any day in the last sixty
days, All lines shared in the boom.
The movement in seed corn and cotton
/ was heavy.
THE STATE OF TRADE.
Special kilograms to Bradstreet's re-
port an improved trade at Cincinnati,
Louisville, Detroit, Omaha, St. Joseph,
San Francisco, at Dallas, New Orleans
and Savannah. In the south improved
weather with rains southwest
did much to brighten the
crop prospect and stimulate trading.
Needed rains in Nebraska and elsewhere
west also helped awaken an interior de-
mand. The central western cities named
announce an increase in demand for staple
goods. No material improvement has
been noted at Boston. Pittsburg, CIeve-
land, Memphis, Davenport, Burlington, St.
Louis, Kansas City or Galveston. at
Philadelphia, Chicago and at Milwaukee
the movement has been irregular, and,
on the whole, less than last week. Rail
way traffic returns indicate that the distri-
button of merchandise and produce has
been adversely affected by the new rates
under the interstate act, owing to IN
certainty as TO their effect.
An investigation by Bradstreet's into
the operation of the new railway freight
rates shows that: Old rates were very
generally cut 10000 per cent; new rates
are generally though irregularly higher
and quoted firm, causing an &C
tual increase in cost of NOV
ing goods, east of Missouri river
points, from 20 to 40 per cent, with a
number of exceptions showing both
smaller and heavier increases; large
shippers have been greatly disturbed by
the changes in many cases; some cen
tralized industries have been put at q
heaVy disadvantage, owing to cOmpeti-
tiOn from other centerS, notably salt and
iron. Traffic officials are making many
new special rates to cover such instances,
practically extending,' the number
of freight classes indefinitely.
The manufacturing industries
continue busily employed, with perhaps
10000 or $4,000 employees on strike
throughout the country, aside from the
5000 New England shoe employees who
are locked out. April promises to exceed
March, both in number of strikes and
strikers, with total of II, 900 of the lat
ter recorded for two weeks. The'pre-
liminary totals for the first quarter are
253 strikes, including 1925 strikers in
1887, as compared with 40 (or more)
strikes and IO8, 100 strikers in 1886.
Leading domestic money markets are
easier than last week. Funds have con-
tinued to return from the country, and
\ n
nestle exchange On New York shows the
effect of improved mercantile collections
and accumulation in the hands of country
bankers, with rates at the west at par, or
above, or materially higher than last
week.
The bank clearings at thirty-six cities,
as specially telegraphed to BradstreeJ's,
for six DAYS ended yesterday aggregate
81, COZ, 49, 1897, as compared with 81 ,097,-
1913 ,837 last week and 1888, 900, 4G8 in the
corresponding week last var. The de-
cline of nearly per cent. this week may
be easily explained by the check to trade
begun over q week ago. The New York
stock market has exhibited active manip-
ulatiOn and higher prices for few stocks,
followed by q reaction in which the gen
eral list declined, leaving the situation
unsettled. The general feeling is bullish
as to the future.
The price OF wheat has been irregularly
| higher on reports of damage to the winter
! crop and heavy declines in the visible and
! speculative action. Total domestic exports
of wheat and -four, July to April 10, are
! l2l 500, 900 bushels, leaving,a az per govern
ment crop reports and accepted estimates
of consumption, about 26, 900, 900 bushels
available for export to July l, with so, 000,-
| 900 bushels to carry over on taat date.
! Iron prices are firm, but demand is dull.
A very moderate new demand for pig
iron at the east would advance prices 81
per ton. There has been some loss of
confidence by holders of manufactured
| iron at Philadelphia, and concessions of
| 15c. per 100 pounds have been reported
on sales of bar iron. Further west
| makers as well as holders are very firm in
their views.
| Free arrivals of sugar tended to depress
! the market, which was overcome in part
! by stronger cables. At San Francisco
receipts Of Hawaiian are very heavy,
| shipments overland and via the Horn to
New York are large, and the price has de-
clined below quotations on the Atlantic
seaboard. At New Orleans sugar is
stronger on speculative demand. Coffee
has been active, particularly on specula-
tive account, prices having advanced
steadily during the week. The feeling is
! bullish, with prices at New York 1c. be-
low Rio and Havre.
Cotton goods supplies at the east are
moderate and prices well sustained.
Print cloths stocks are slightly larger and
prices shade lower. There is no gain
In the demand for woolens, and western
orders have declined. Cotton is 1-16C
higher at New York for spot on heavy
consumptive demand and increased prices
for futures. Wool prices firm at last
weeks figures, with stronger views by
holders. Many manufacturers declare
they will shut down when orders on hand
are finished Brsdstreets.
Blu CTER-2Oc per ID ere amer 2jc.
CvFFEE-Rio, fair IKE; prime lSc; choice
lS%c; Laguyra 1870; Java 3OEc; Golden Rio
l9c; Pea BerIy 221sc.
HEESE-The better grades and Ohio factory
IO0l052 c full cream twins Ice.
CABBAGE-New southern crop, s. 90 per